Company
Coca-Cola HBC AG
LON:CCH
Coca‑Cola HBC (Coca‑Cola Hellenic Bottling Company) is a bottling partner of The Coca‑Cola Company. This means that The Coca‑Cola Company manufactures and sells concentrates, bases and syrups to its bottling partners, owns the brands and is responsible for consumer brand marketing initiatives. We use the concentrates and syrups to manufacture, package, merchandise and distribute the final branded products to our trade partners and consumers. We bottle, sell and distribute the world’s most recognised soft drink: Coca‑Cola. Along with Coca‑Cola Light, Sprite and Fanta, also licensed to us by The Coca‑Cola Company, these are four of the world’s five best-selling non-alcoholic ready-to drink beverages. Still drinks – water, juices, tea and energy drinks – make up to 30 percent of our volume. This diverse portfolio means that we’re a strong partner for our customers and provide great choice for consumers. Coca‑Cola HBC is headquartered in Zug, Switzerland and has a premium listing on the London Stock Exchange and secondary listing on the Athens Exchange. Our two major shareholders are the Kar-Tess Holding S.A., a private holding company, and The Coca‑Cola Company.
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Coca-Cola HBC to invest in digital push as pandemic effects continue to drain on sales
More developed markets saw sales decline but the ‘emerging’ segment saw an acceleration in volume growth, led by Russia and Nigeria
Archive
FTSE 100 closes ahead but US stocks plunge amid release of April inflation data
Britain's blue chip index closed more than 56 points higher, or 0.82% up, at 7,004 with oil giants among the top winners
Coca-Cola HBC sees rate of decline in volume shipments slow in the fourth quarter
The coronavirus pandemic hit demand and posed logistical problems but things stabilised in the second half of 2020
Coca-Cola HBC expects good full-year profits despite pandemic
The firm is pinning its hopes on growth in the at-home channel combined with its cost-savings programme
Coca-Cola HBC says revenue recovering as markets exit lockdowns
Sales were 5% down last month from a 36% decline in April
Coca-Cola HBC CFO to step down next year
Michalis Imellos will step down from the position at the end of the first quarter of 2021 after more than eight years in the role
Coca-Cola HBC revenue tanks 37% in April with most markets in lockdown
In the three months ended 27 March, group revenue dipped 1% as many countries had not imposed restrictions yet
Coca-Cola HBC still plans to serve dividend, though guidance revoked
Demand in markets with heavy social distancing restrictions, such as Italy, central and southern Europe, has been “severely affected”
Coca-Cola HBC sees growth across all three of its market segments
Basic earnings per share in 2019 rose 10.2% at €1.340